L Catterton Latin America Acquisition Corp

General Information
Business:

(L Catterton Latin America Acquisition Corp., a blank check company backed by L Catterton, the global private equity partnership of LVMH and Catterton with Groupe Arnault, withdrew its SPAC IPO plans in an SEC filing dated Nov. 29, 2022. L Catterton Latin America Acquisition Corp. filed its S-1 on June 4, 2021; it submitted confidential IPO documents to the SEC on April 5, 2021.)

We will not be limited to a particular industry or geographic region in our identification and acquisition of a target company except that we will not acquire any target company whose primary business is investing in oil or gas reserves or real estate. (Incorporated in the Cayman Islands)

We are led by Dirk Donath, chairman, and Ricardo Salmon, CEO, who also act as managing partner and senior advisor, respectively, of L Catterton Latin America. Since its founding in 1989, L Catterton has focused exclusively on building iconic and enduring consumer brands.

Launched in 2016, L Catterton Latin America is the only Latin America consumer-focused private equity firm that operates within a global firm. Headquartered in New York, L Catterton Latin America has a strong regional presence with local teams in Mexico City, Sao Paulo, Buenos Aires and Bogota. L Catterton Latin America combines its primary market knowledge with L Catterton’s domain expertise to drive its category selection and invest in distinctive fast-growing consumer businesses across Latin America.

Over the past 5 years, L Catterton Latin America has led 13 investments representing approximately $740 million of equity. Previously, members of the team working together led 16 additional investments in Latin America representing approximately $850 million in equity. Notable investments by L Catterton Latin America include Cholula, Despegar, Espaçolaser, St. Marche, Luigi Bosca and PetLove.

We expect to target IPO-ready companies as part of the investment program of the company. As a core component of our global platform, we will have full access to the capabilities, relationships and resources of L Catterton in Latin America and globally. We intend to leverage the reputation, investment experience, sector expertise and track record of building businesses of the Fund over its three decade history.

L Catterton has established a highly differentiated network that is distinguished by the combination of its extensive global reach and its deep regional connectivity. The global success of L Catterton is driven by over 40 partners across 17 offices worldwide.

In addition, L Catterton has a proprietary strategic relationship with LVMH Moët Hennessy Louis Vuitton (“LVMH”), the world’s largest luxury conglomerate. LVMH is both a minority owner in L Catterton and a significant investor in the family of L Catterton funds. As part of the ongoing partnership, L Catterton enjoys a special relationship with LVMH and its family of over 75 global brands, with both organizations actively collaborating in areas such as consumer insights, brand strategies, retail expansion and economies of scale across the collective portfolio. Notably, LVMH is a shareholder of L Catterton and is committed to the success of the L Catterton platform.

Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 599 West Putnam Avenue Greenwich, CT 06830
Phone Number 203-629-4901
Web Address
View Prospectus: L Catterton Latin America Acquisition Corp
Financial Information
Market Cap $250.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol LCLA.U
Exchange NYSE
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers Credit Suisse
CO-Managers
Expected To Trade:
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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